Template:Nutshell OSLA 7(B): Difference between revisions
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Amwelladmin (talk | contribs) (Created page with ":{{oslaprov|7(B)}} Subject to Clause {{oslaprov|8}} and the terms of the {{oslaprov|Borrowing Request}} the {{oslaprov|Lender}} may call for redelivery of {{oslaprov|Equivalen...") |
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Latest revision as of 11:34, 28 November 2019
- 7(B) Subject to Clause 8 and the terms of the Borrowing Request the Lender may call for redelivery of Equivalent Securities at any time by giving notice on any Business Day of not less than the standard settlement time for such Equivalent Securities. The Borrower must redeliver Equivalent Securities as the Lender directs by the expiry of its notice, and simultaneously the Lender must repay or redeliver equivalent Collateral.